In an increasingly cooperative effort to create financial opportunities in the network/affiliate relationship, ABC Television Network and its Affiliate Board of Governors, which represents more than 200 affiliates, today announced the Inventory Exchange System (IES), a strategic and systematic way of exchanging ad inventory that creates shared revenue opportunities. For the first time in the history of the network, ABC, through the launch of IES, will create the opportunity to strategically offer ABC affiliates the option to purchase additional network ad inventory packages to sell locally at a profit.

ABC and “No Ordinary Family” asked America to submit videos explaining what makes them stand out from the rest and why their families are extraordinary. The videos of the top five families have been chosen and now it’s your turn to cast your votes for the most extraordinary family in America.

The “Extreme Makeover: Home Edition” team has ambushed the Anderson Family in Cleveland, Ohio, and is about to deliver the ultimate upgrade. The family of four have inspired their community by heightening awareness of the obstacles facing the disabled in their community. Diving headlong into their work, Andre and Jasmine have dedicated their time to supporting and counseling the disabled by connecting them with resources to help them live and lead more independent lives. Faced with some of their own challenges (Andre is blind and Jasmine is legally blind), the couple have pushed forward full steam to make Cleveland a more user-friendly environment.

Admittedly we’re a little late to the party, especially since we’ve traditionally been so good at revealing Thomas Kinkade’s newest Disney paintings before he does, but as we always say, if it’s not Baroque, don’t fix it.

Enter the sixth and newest entry to Kinkade’s Disney Dreams collection, Beauty and the Beast Falling in Love.

According to the official description for the painting:

Thomas Kinkade has spent over 700 studio hours on this painting which is the most he has ever spent on any painting (Cinderella and Pinocchio had about 300 hours each).

Seven prestigious homebuilders have been selected by Disney to design and construct the luxury homes in the unique resort community of Golden Oak at Walt Disney World® Resort. Each of the builders is purchasing initial individual homesites, allowing construction of the first showcase and spec homes to begin immediately.

Since Disney announced the project in June, the company has seen significant interest from potential buyers. Inquiries have come from as far away as Brazil and England – and domestically from New York to Texas to California. The selected builders are currently designing home plans in preparation for the launch of homesite sales later this year.

Threadless has announced a new collaboration with Disney Consumer Products, in its popular “Threadless Loves…” design challenge series. As Threadless celebrates its tenth anniversary as the crowdsourcing poster child, it’s evolving from a t-shirt design shop and giving its online community of artists more platforms to show off their talent. From t-shirts and hoodies, to flip flops, iPhone cases and even Dell laptop designs, Threadless is growing up and other companies are taking note — including one of the most well-known brands in the universe — Disney.

Disney Online, part of the Disney Interactive Media Group, today debuts a second season of “The Possibility Shop“, an original web series produced by The Jim Henson Company. The site, which can be accessed through DisneyFamily.com, will be updated every two to three weeks with content designed to inspire the imagination of the entire family through creative projects, activities and games. The Clorox Company returns as the exclusive sponsor for all 20 webisodes in season two of “The Possibility Shop.”

Disneyland Resort cast members made magic for their favorite Southern California nonprofit organizations by donating more than $385,000. This month, cast members selected nearly 80 organizations – from local schools to social services – to receive grants ranging from $1,000 to $5,000.

The Anaheim Interfaith Shelter was one of the organizations that received a $5,000 grant. The shelter will use the funds to provide healthy food options at its on-site food pantry, helping to counter obesity among underprivileged children. The organization assists families in need of short-term support due to one-time events that cause homelessness.